Memory module maker Adata Technology Co (威剛科技) yesterday said that revenue last month rose 15.28 percent monthly on the back of significant growth in shipments and an improving supply glut.
Adata’s revenue expanded to NT$2.45 billion (US$79.65 million), bringing its cumulative revenue in the first five months of this year to NT$11.79 billion.
On an annual basis, last month’s revenue fell 12.53 percent from NT$2.81 billion a year earlier, corporate data showed.
Photo courtesy of Adata Technology Co via CNA
“Capacity reductions by the world’s major memory chipmakers have helped mitigate inventory pressure on the supply chain. Some of our customers started showing improved appetite for our products,” Adata said in a statement.
“Adata expects the DRAM industry to have clear prospects in the third quarter in terms of chip price and demand, given the global economy does not deteriorate,” it said.
Adata expects the DRAM industry to bottom out next quarter.
It is adjusting upward its inventory ahead of an expected rebound in demand during the second half of this year, the company said.
Meanwhile, DRAM chipmaker Nanya Technology Corp (南亞科技) last month posted increased revenue for a third straight month at NT$2.31 billion, rising 2.17 percent from NT$2.26 billion in April.
Last month’s performance was the best since the beginning of this year, although it was down 62.74 percent from NT$6.2 billion a year earlier.
Winbond Electronics Corp (華邦電子), which makes DRAM and flash memory chips, reported a 7.98 percent monthly increase in revenue to NT$6.14 billion last month.
That translated into a decline of 30.41 percent from a year earlier.
In the January-to-May period, revenue contracted 33.71 percent annually to NT$29.34 billion.
Winbond told investors in February that the first quarter was the worst period and demand would improve from this quarter, given rising rush orders.
Macronix International Co Ltd (旺宏), the world’s biggest supplier of NOR flash memory chips, last month posted a revenue decrease of 24.2 percent month-on-month to NT$2.28 billion from about NT$3 billion in the previous month, after a brief rebound in April.
On an annual basis, its revenue dropped 35.7 percent from NT$3.55 billion a year earlier.
During the first five months of this year, revenue fell 34.9 percent year-on-year to NT$19.03 billion.
Macronix said revenue this quarter would be similar to the first quarter’s.
However, it hoped to return to the black, aided by improving demand for memory chips used in vehicles, as well as industrial and medical devices.
DOLLAR CHALLENGE: BRICS countries’ growing share of global GDP threatens the US dollar’s dominance, which some member states seek to displace for world trade US president-elect Donald Trump on Saturday threatened 100 percent tariffs against a bloc of nine nations if they act to undermine the US dollar. His threat was directed at countries in the so-called BRICS alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the US dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed
LIMITED MEASURES: The proposed restrictions on Chinese chip exports are weaker than previously considered, following lobbying by major US firms, sources said US President Joe Biden’s administration is weighing additional curbs on sales of semiconductor equipment and artificial intelligence (AI) memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions, but stop short of some stricter measures previously considered, said sources familiar with the matter. The restrictions could be unveiled as soon as next week, said the sources, who emphasized that the timing and contours of the rules have changed several times, and that nothing is final until they are published. The measures follow months of deliberations by US officials, negotiations with allies in Japan and the Netherlands, and
Foxconn Technology Group (富士康科技集團) yesterday said it expects any impact of new tariffs from US president-elect Donald Trump to hit the company less than its rivals, citing its global manufacturing footprint. Young Liu (劉揚偉), chairman of the contract manufacturer and key Apple Inc supplier, told reporters after a forum in Taipei that it saw the primary impact of any fresh tariffs falling on its clients because its business model is based on contract manufacturing. “Clients may decide to shift production locations, but looking at Foxconn’s global footprint, we are ahead. As a result, the impact on us is likely smaller compared to
TECH COMPETITION: The US restricted sales of two dozen types of manufacturing equipment and three software tools, and blacklisted 140 more Chinese entities US President Joe Biden’s administration unveiled new restrictions on China’s access to vital components for chips and artificial intelligence (AI), escalating a campaign to contain Beijing’s technological ambitions. The US Department of Commerce slapped additional curbs on the sale of high-bandwidth memory (HBM) and chipmaking gear, including that produced by US firms at foreign facilities. It also blacklisted 140 more Chinese entities that it accused of acting on Beijing’s behalf, although it did not name them in an initial statement. Full details on the new sanctions and Entity List additions were to be published later yesterday, a US official said. The US “will
RSS